Monday, July 18, 2011

2008 Economic Crisis AGAIN = 2011 ?

Guardian: Reports that the European Central Bank has stated that it fears another 2008 economic crisis, and as the article notes this a crunch week for the Euro, an emergency meeting will be held by Euro Countries on Thursday. Folks its simple, either the PIGS leave the Euro or the Euro will go down the drain, that is the hard choice, the cancer that is Greece if it is not cured will infect the economic body of Europe and crush it, time for harsh action by the EU, throw the PIGS out of the Euro, and really stress test the banks, there still has to be a lot of hidden debt folks, this blog does not trust the banks.

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